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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: advocatedevil who wrote (55710)	11/16/2001 10:22:45 AM
From: michael97123	Respond to of 70976

Covered at $22.80 for +$45 Take your wife out to dinner tonight with the $45. mike Top al Qaeda leader reported killed U.S. sources tell CNN there are credible reports that senior al Qaeda leader Mohammed Atef has been killed Atef believed to be bin Laden's cheif battle lieutenant; daughter married bin Laden son

To: advocatedevil who wrote (55710)	11/16/2001 10:23:30 AM
From: daryll40	Read Replies (1) \| Respond to of 70976

AD, keep posting your moves. I am learning from you and watch your every (posted) move. Congrads on your profits. D40

To: advocatedevil who wrote (55710)	11/16/2001 10:37:16 AM
From: Gottfried	Read Replies (2) \| Respond to of 70976

AD, your trading posts are an inspiration for me. Thanks. G. [end]

To: advocatedevil who wrote (55710)	11/16/2001 11:43:19 AM
From: Kirk ©	Read Replies (2) \| Respond to of 70976

Thanks for the update Capital at risk 2000x$40=$80K 1500@$23=$34.5K Total=$114.5K Gain=$7.5K % gain 7.5/114.5x100=6.55 Not a bad half month's work! It would be interesting to see a running tally to see if gains really do build for a few years or do you eventually suffer the day trader fate and a new "successful for awhile" trader shows up here to take your place. I'm still not convinced one way or the other if ya can't tell. Kirk

To: advocatedevil who wrote (55710)	11/16/2001 12:59:03 PM
From: Robert O	Read Replies (1) \| Respond to of 70976

AD, As much you warn people not to try and follow your road to riches some may dive in anyway. Only as an alternative view (not to toot my own horn) let me display my true life scenario for a long below. Looks to me like key to your success is keep it short term and get out FAST if need be... I don't have the control so don't play that game. On 10/15/01 established rollover IRA with 62,398. Bought 1000 INTC 24.62 Bought 1000 CSCO 16.72 10/17/01 Bought 800 INTC 25.21 Bought 95 JDSU 8.85 Those trades invest the $62,398. Today IRA is worth $75,682.50 75,682.50-62,398 = $13,284.50 profit % return one month = 21% From Kirk's summary of AD's recent plays: Capital at risk Total=$114.5K Gain=$7.5K % gain=6.55 Not a bad half month's work! I had 1/2 the capital at risk but I'll divide my return by 2 for comparison to 1/2 month and get an 11% return versus 6.55. So simply buying and holding long was superior in this example ;-) There are SO MANY other issues (risk, timing, etc.) here but I just wanted to present a real life scenario for those champing at the bit to trade ST. Also don't forget I still hold my shares (even if this were a taxable account), AD is figuring his tax hit whilst I write <gg> RO